World Bank allocates $22m for Palestine’s urgent budget

Mubasher: The World Bank has transferred $22 million to Palestine from the Palestinian Reform and Development Plan Trust Fund (PRDP-MDTF), a multi-donor budget support mechanism administered by the World Bank.

The funds were provided by France, Norway, and UK to help enhance Palestine’s urgent budget, according to a press release.

The bank noted that the finance will support ongoing macroeconomic and public financial management reforms.

 

Mubasher Contribution Time: 24-Dec-2015 09:32 (GMT)